Today's Headlines from www:
*Economic Times*
π Forex reserve up by $1.36 billion at $420.05 billion
π Saudi Aramco to supply extra 2 mln barrels/month to Indian Oil from July
π Telecom woes: BSNL expects normalcy in liquidity position by September quarter
π Piramal Realty FY'19 sales booking jumps nearly 4-fold to Rs 3,400 cr
π Uzbekistan eyes $1.7 billion FDI including from India
π Tata International exits trailer manufacturing biz by selling its arm to Canyon Point for Rs 305 cr
π Ujjivan to become a mass market bank under Nitin Chugh, says current CEO Samit Ghosh
π NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech
*Business Standard*
π Aircel lenders agree to take 99% haircut on dues worth Rs 20,000 crore
π Jet Airways board dysfunctional as Etihad's nominee director quits
π Bharti Airtel's Rs 24,939-crore rights issue fully subscribed
π IHCL, GIC strike Rs 4,000-crore deal to acquire premium hotels in India
π Indian Oil Corp Q4 net profit rises 17% on inventory, exchange gains
π India's apparel exports to UAE decline 33% on higher import duty
π NBFCs see no sign of liquidity crisis easing, await RBI's rescue act
π Iron ore powers above $100 as supply crisis roils global market
π Amazon leads $575-million investment in food delivery startup Deliveroo
π China signals lack of interest in resuming trade talks with US
*Financial Express*
π Crunch in CIL supplies: CERC order unlocks Rs 17,000 crore for power firms
π Spencerβs buys Natureβs basket in Rs 300-crore deal
π Dr Reddyβs net profit up 44 per cent in Q4
π Refurbished mobile imports certified by BIS get govt nod
π Nestle likely to focus on low-cost products to gain rural share
π Sundaram-Clayton opens first overseas plant in US
π Truck rentals take huge hit on drop in freight
π US tariffs on China big opportunity for Indian textile industry: CITI
π City Union Bank net rises 15% to Rs 175 crore in Q4
*Mint*
π Indian Navy successfully test-fires MRSAM missile
π Elon Musk to personally examine, review all Tesla expenses
π Corporation Bank Q4 net loss widens to βΉ6,581 crore as provisioning doubles
π Brexit talks collapse as UK Opposition blames 'weak' Theresa May
π Nestle India chief flags concern for industry over lower-than-expected monsoons
π Sensex soars 537 points; Nifty reclaims 11,400-mark
π Bajaj Auto Q4 net at βΉ1,306 crore, shares jump 5%.
*Economic Times*
π Forex reserve up by $1.36 billion at $420.05 billion
π Saudi Aramco to supply extra 2 mln barrels/month to Indian Oil from July
π Telecom woes: BSNL expects normalcy in liquidity position by September quarter
π Piramal Realty FY'19 sales booking jumps nearly 4-fold to Rs 3,400 cr
π Uzbekistan eyes $1.7 billion FDI including from India
π Tata International exits trailer manufacturing biz by selling its arm to Canyon Point for Rs 305 cr
π Ujjivan to become a mass market bank under Nitin Chugh, says current CEO Samit Ghosh
π NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech
*Business Standard*
π Aircel lenders agree to take 99% haircut on dues worth Rs 20,000 crore
π Jet Airways board dysfunctional as Etihad's nominee director quits
π Bharti Airtel's Rs 24,939-crore rights issue fully subscribed
π IHCL, GIC strike Rs 4,000-crore deal to acquire premium hotels in India
π Indian Oil Corp Q4 net profit rises 17% on inventory, exchange gains
π India's apparel exports to UAE decline 33% on higher import duty
π NBFCs see no sign of liquidity crisis easing, await RBI's rescue act
π Iron ore powers above $100 as supply crisis roils global market
π Amazon leads $575-million investment in food delivery startup Deliveroo
π China signals lack of interest in resuming trade talks with US
*Financial Express*
π Crunch in CIL supplies: CERC order unlocks Rs 17,000 crore for power firms
π Spencerβs buys Natureβs basket in Rs 300-crore deal
π Dr Reddyβs net profit up 44 per cent in Q4
π Refurbished mobile imports certified by BIS get govt nod
π Nestle likely to focus on low-cost products to gain rural share
π Sundaram-Clayton opens first overseas plant in US
π Truck rentals take huge hit on drop in freight
π US tariffs on China big opportunity for Indian textile industry: CITI
π City Union Bank net rises 15% to Rs 175 crore in Q4
*Mint*
π Indian Navy successfully test-fires MRSAM missile
π Elon Musk to personally examine, review all Tesla expenses
π Corporation Bank Q4 net loss widens to βΉ6,581 crore as provisioning doubles
π Brexit talks collapse as UK Opposition blames 'weak' Theresa May
π Nestle India chief flags concern for industry over lower-than-expected monsoons
π Sensex soars 537 points; Nifty reclaims 11,400-mark
π Bajaj Auto Q4 net at βΉ1,306 crore, shares jump 5%.
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